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Selected Financial Management Practices
… Battery Place to the northern boundary of 59th Street in Manhattan. The Trust has authority over the planning, … with members appointed by the Mayor, Governor, and the Manhattan Borough President. The Trust also has approximately … leases, occupancy permit fees, revenue from the parking garage, and certain user fees. Key Findings Opportunities …
https://www.osc.ny.gov/state-agencies/audits/2014/12/26/selected-financial-management-practicesSelected Employee Travel Expenses
… Key Recommendations Monitor cash advances to ensure compliance with established State and University travel …
https://www.osc.ny.gov/state-agencies/audits/2014/05/07/selected-employee-travel-expensesComptroller DiNapoli Releases Municipal Audits
… fiscal climate, budget transparency and accountability for our local communities is a top priority,” said DiNapoli. … Comptroller. Town of Cheektowaga – Awarding Contracts for Goods and Services (Erie County) Town officials structured and awarded a bid for public works projects inappropriately, and managed the …
https://www.osc.ny.gov/press/releases/2014/04/comptroller-dinapoli-releases-municipal-audits-1DiNapoli: State Pension Fund Value $192 Billion
… today announced that the New York State Common Retirement Fund (Fund) earned an estimated 11.42 percent return on … pension plans. The New York State and Local Retirement System provides retirement security to more than one million …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-pension-fund-value-192-billionState Comptroller DiNapoli Releases Municipal and School Audits
… New York State Comptroller Thomas P. DiNapoli today announced the … that resulted in annual operating deficits and a declining fund balance. The board did not ensure the treasurer … accessibility at selected town facilities. … New York State Comptroller Thomas P DiNapoli today announced the …
https://www.osc.ny.gov/press/releases/2025/02/state-comptroller-dinapoli-releases-municipal-and-school-auditsOpinion 96-4
… This opinion represents the views of the Office of the State Comptroller at the time … a thirty year period for general village purposes. This is in reply to your request for our opinion concerning the … however, that a municipality may not do indirectly what it cannot do directly (see, e.g., Commco v Amelkin , 62 …
https://www.osc.ny.gov/legal-opinions/opinion-96-4Comptroller DiNapoli Releases School Audits
… districts annually spend approximately $60 billion in federal, state and local funds. For additional background or …
https://www.osc.ny.gov/press/releases/2016/06/comptroller-dinapoli-releases-school-audits-0Alternate Contribution Stabilization Program
… amortizations have been paid, NYSLRS will set up a reserve account for the employer and any excess will be deposited … rate securities of appropriate duration held by the New York State Common Retirement Fund (Fund). That rate of return … 31.2 Under this program, no money is taken from the New York State Common Retirement Fund. In addition, the …
https://www.osc.ny.gov/retirement/employers/alternate-contribution-stabilization-programDiNapoli Releases Analysis of 2023-24 Enacted State Budget
… and for emergency rental assistance. Preliminary estimates show All Funds spending will grow nearly 4% year-over-year …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-releases-analysis-2023-24-enacted-state-budgetState Comptroller DiNapoli Releases Municipal Audits
… board did not request or receive adequate monthly reports from the supervisor. For example, the board did not request … approvals were transparent to the public by posting required documents on CIDA’s website. In addition, the board … Time (Nassau County) Town officials did not ensure comp time hours were accurately accrued and accounted for. As …
https://www.osc.ny.gov/press/releases/2021/09/state-comptroller-dinapoli-releases-municipal-auditsOpinion 95-32
… a security agreement from the depositary bank or trust company (General Municipal Law, §10[3][a],[b]; see General … that the collateral is being pledged by the bank or trust company as security for the deposits or investments, together … operated by a federally regulated entity without physical delivery of evidence of such obligations, the records of the …
https://www.osc.ny.gov/legal-opinions/opinion-95-32Cost-Saving Ideas: Legal Requirements
… General Municipal Law (GML) Section 10 requires the designation of one or more "banks" or "trust companies" for deposit of public funds and for the securing of public deposits. Section 11 …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-legal-requirementsCUNY Bulletin No. CU-520
… NPAY502 (Warnings/Rejected Time Entry Transactions: Univ Management & Programs) and must be manually updated in …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-520-2015-executive-compensation-plan-ecp-vacation-exchangeCUNY Bulletin No. CU-560
… NPAY502 (Warnings/Rejected Time Entry Transactions: Univ Management & Programs) and must be manually updated in …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-560-2016-executive-compensation-plan-ecp-vacation-exchangeState Comptroller DiNapoli Releases Municipal Audits
… and effectively." Half Hollow Hills Community Library – Fund Balance (Suffolk County) The library's fund balance policy does not address the maintenance of … of the budget. For example, the city underestimated pension costs by $576,193 and the proposed budget did not …
https://www.osc.ny.gov/press/releases/2018/11/state-comptroller-dinapoli-releases-municipal-audits-0State Comptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced … Find out how your government money is spent at Open Book New York . Track municipal spending, the state's 145,000 … bid protest decisions and commonly requested data. … New York State Comptroller Thomas P DiNapoli today announced …
https://www.osc.ny.gov/press/releases/2018/05/state-comptroller-dinapoli-releases-municipal-audits-0NYS Common Retirement Fund Reports First Quarter Results
The New York State Common Retirement Funds Fund estimated return in the first quarter of the State Fiscal Year SFY 201920 was 338 percent for the threemonth period ending June 30 2019 raising its estimated value to $2162 billion according to New York State Comptroller Thomas P DiNapoli
https://www.osc.ny.gov/press/releases/2019/08/nys-common-retirement-fund-reports-first-quarter-resultsDiNapoli: Former Hempstead School District Official Pleads Guilty to Credit Card Fraud
… to freely utilize that credit card for kickbacks,” DA Singas said. “This plea sends a strong message that …
https://www.osc.ny.gov/press/releases/2019/09/dinapoli-former-hempstead-school-district-official-pleads-guilty-credit-card-fraudComptroller DiNapoli and A.G. Schneiderman Announce Indictment of Former West Ghent Volunteer Fire Company Treasurer for Allegedly Embezzling Fire Company Money
… the arrest and arraignment of Gail E. Cesternino (46), for allegedly embezzling over $55,000 from the West Ghent Volunteer Fire Company. An indictment unsealed today charges Cesternino with … and the Attorney General's Public Integrity Bureau. This case is the latest joint investigation under the …
https://www.osc.ny.gov/press/releases/2017/04/comptroller-dinapoli-and-ag-schneiderman-announce-indictment-former-west-ghent-volunteer-fire-companyDiNapoli Announces Results of General Obligation Bond Sale: $329,225,000 Awarded
… Quality (1986), Environmental Quality (1972), Rebuild and Renew New York Transportation (2005) and Rebuild New York … Air (1996), Environmental Quality (1986) and Rebuild and Renew New York Transportation (2005). The Series 2015B … Service Inc., AA+ by Fitch Inc. and AA+ by Kroll Bond Rating Agency. … State Comptroller Thomas P DiNapoli today …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-announces-results-general-obligation-bond-sale-329225000-awarded